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20121201
20121231
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COM 8
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Search Results 0 to 49 of about 80 (some duplicates have been removed)
Comedy Central
Dec 19, 2012 7:25pm PST
our focus to europe. remember this fella here over my shoulder there? silvio berlusconi. a billionaire prime minister of italy elected three times even though as they say in rome, he was corrupt. >> the italian prime minister is no stranger to scandal. charges of bribery, corruption and embezzlement. >> officially guilty of tax fraud. >> sentenced to newshour years in prison for tax fraud. >> a serial flanderer. >> tales of lavish orgies. >> notorious all night so-called bunga-bunga parties. paying for sex with an underage prostitute. >> he was saying he could haven't sex with 11 women so instead he had sex with eight women. (laughter). >> jon: a man who had sex with eight women. that's the worst bond villain ever! (laughter) and if you pull one of them off, you just grow back. last november with the italian economy tanking, voters replaced berlusconi with his polar opposite, mario monti, an academic economist who promised to balance italy's books with strict austerity measures. that's not an easy choice. the country basically deciding it would be better to live with its ha
PBS
Dec 10, 2012 4:00pm PST
to in the news that mario monti intends to resign. berlusconi hopes to stage a comeback. >> stormy political weather ahead for italy. suddenly, mario monti is on the way out. there will be early elections and berlusconi is reaching for power again. on the markets, there is deep unease. they're like the austerity measures and the reforms of the technocrats, mr. monti. they fear the return of politics as usual in italy. even if berlusconi is far behind in the polls, the very idea his attempt at come back has jangled nerves. >> the markets are shocked at the prospect that berlusconi would become prime minister again. he is responsible for the crisis in italy. he should enjoy his pension. the reforms have to go on. >> in this from the marketplace, there is not much enthusiasm for a return of mr. berlusconi. >> we italians need to worry, not because of the current crisis. more because this idiot berlusconi is around. i hope it's a good smashed in the face. -- i hope he gets a good smash in the face. >> but berlusconi is a formidable campaigner. he will tell people that he will ease thei
CNBC
Dec 11, 2012 4:00am EST
later. >>> now, berlusconi and bersani are already exchanging blows after what's considered to be a controversial moment in italy. berlusconi has announced he's creating a new center right grouping. meanwhile, mario monti has been accused oversimplifying solutions during the fiscal crisis. carolin is joining us now from rome. do we expect more of this rhetoric today? >> oh, definitely. not just today, but specifically over two months. elections will only be held probably on february 24th. we've got about two months of the silly campaigning season to follow. so yes, as you said, the verbal exchange is definitely heating up. it started with mr. monti's response criticism coming from officials about his renewed request for the prime minister post yesterday. he said this criticism was out of place. it was offensive not just for him, but also for all of the people in italy who have the freedom to vote. this morning, he did an interview with one of the channels here in italy and he said, i don't really care about this spread because the spread is based on fraud. that's the direct translat
CNBC
Dec 24, 2012 5:00am EST
in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and the s&p 500 being called down by a bybit, as well. we saw markets coming off on friday stateside. pretty significant drops, as well, given that we now seem to be a clashing of heads between the republicans and the democrats in regards to moving forward on the fiscal cliff issue. it does seems as though they're running into logger heads here slowly before th
CNBC
Dec 10, 2012 4:00am EST
berlusconi next year. the unexpected drop signals continued pressure from abroad. and meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend. there are just three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk
LINKTV
Dec 23, 2012 5:30am PST
without having to call for a. on friday, he stepped down after silvio berlusconi's party with her support for the government. >> we have a friendship feeling, but in the framework that is quite puzzling. this cannot constitute the basis, aside for other reasons, this cannot be the basis for affecting a proposal for me to become the leader of the moderates, he has said. that is the outgoing prime minister. what is next for him? >> is still speaking right now. he has announced he is going to launch some sort of change where he will lay out what whoever will the prime minister next year will have to follow to make sure what has been done by his government in the last year is not undone. he has stabilized the economy. now it needs to grow from alan. to grow, you need to pass even more unpopular reforms. he has said whoever wins, the party should not destroy what was billed. it was a pledge to the next government. do not and do what was done by us. do not criticize europe or try to get out of europe. play an active role in it. all of the points he was making almost directed at soviet g
LINKTV
Dec 21, 2012 7:00pm PST
. could silvio berlusconi make a comeback? and apocalypse not. we're all still here. >> america's powerful gun lobby wants armed guards at every school in the u.s. the national rifle association came a week after 20 young children and six duments were killed. >> 26 bell tolls for the moment the shooting happened a week ago. washington, d.c. protestorses toled with security outside the national rifle association event. inside two protestors disrupted proceedings twice. the n.r.a. is a powerful lobby inner the constitutional rights to bear arms. n.r.a. speakers marked the start of a serious national conversation to prevent school shootings. their main idea, more guns in schools. >> the only way -- the only way to stop a monster from killing our kids is to be personally involved and informsed in a plan of absolutely protection. the only thing that stops a bad guy with a gun is a good guy with a gun. >> the n.r.a. is launching a national school shield program to work with schools to beef up security on sight. >> i call on congress today to act immediately to appropriate whatever is ne
LINKTV
Dec 23, 2012 2:00pm PST
economic growth. he was forced to resign on friday, months before the end of his term after berlusconi's party withdrew their support. berlusconi says monti could not follow. after the press conference mario monti returned here in the officials prime minister residence. where he was still live there -- whether he will still there will be whether the law and to finish the job he has started. >> he is trying to stay in power while avoiding disgruntled italians. >> the capability to be useful when the election can maybe give a result. the necessity of this can be useful to the government. >> i do not think that his manifesto will change anything. politics is quite embarrassing. we sell its -- seed every day from berlusconi. i do not think his resignation will bring much cheer or in europe. >> i hope that even if the distances himself he will contribute to the rebirth of our country. our country is in a difficult situation. >> campaigning for the elections will start officially with the biggest player in italian politics. in the end he may be called again to leave the country out of the econ
KRON
Dec 8, 2012 8:00pm PST
. >> former prime minister silvio berlusconi says he will run again to be his country's leader. the billionaire resigned as prime minister last year, after dominating italian politics for 18 years. berlusconi says he has been quote "besieged" by requests to resume a leadership role in politics. but the 76-year-old still has some legal issues to deal with. in october, a milan court sentenced berlusconi to four years in prison for tax evasion. he faces trial on charges that he hired an underage prostitute and then tried to use his political connections to get her out of jail when she was accused of theft. >> still ahead. three stockton women demanding an apology. after finding an offensive remark on their dinner check. >> and the creepy crawly discovery in books at a library in washington state. >> three friends out to eat at the cameo club casino in stockton were shocked when they got their bill. and saw the word "fat girls". written on the recipt. immediately the women brought the check up to a manager. the manager tried to remedy the situation by offering them 50 percent off. but t
NBC
Dec 10, 2012 11:42am EST
sylvio berlusconi's party. apple stock is back around $531 a share after a leading investment firm, jeffreys, cut the future price target by $100. a leading analyst says smart phone saturation may lead to slow growth in the coming years. the new price target is $800 per share as opposed to 900. apple stock is down 25% since the record close above $700 a share in september. and the world's biggest hamburger chain, mcdonald's, saw sales increase 2.4% at restaurants open more than a year. growth was bigger than expected. breakfast items and limited time only cheddar bacon and onion sandwiches boosted sales. the stock is up 2.5% in trading yesterday. the results represent a rebound. in october mcdonald's had its first ever decline in same-store sales in nine years. back to you. >> hampton, thank you. >> back pain affects 80% of americans a at some point in their lifetime. it comes in many forms. here with ideas hon how to help is kim from boundless yoga. who did you bring? >> i brought carol. she's been studying with me for five years and is a great student. >> as we talk about back pa
WHUT
Dec 10, 2012 7:00am EST
stopped short of calling for a boycott. >> start with italy's silvio berlusconi, the announce that he will make a fresh bid for government and mario monti possibly exit in -- this has the markets very worried. the cost of borrowing for the italian government was 7.5%. it's one of the reasons silvio berlusconi was outed. mario monti came in as the leader of this technocrat government. he had to walk a tightrope. he had to calm the market. he did that. the cost of borrowing came down. the markets and investors look at this uncertainty and they are all over the place. the cost of borrowing is on the way up, and the market has fallen. the main one is down by 3.5%. some of the banks have fallen by six. -- 6%. >> this crisis has always been a crisis of confidence. lately, confidence has improved. markets are doing much better. the ec become a bureau -- the central bank has improved -- the ec beet -- the ecb has improved. we could see up. -- a period of nervousness again. clearly, this is not a good development. >> it is all about the same issue -- austerity and taxes. >> la grande sortie
CNBC
Dec 7, 2012 4:00am EST
monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an idea, though, of where berlusconi stands and what the situation is like within that central right next. the pdl has made it clear that there is a serious disagreement within the party. they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to get that within his own party. as far as the situation overall is concerned, we did see the spread go higher and there are concerns. the minute you t
NBC
Dec 28, 2012 6:00pm EST
. >>> you're going to think i have made a mistake. silvio berlusconi will pay his former wife $4 million a month in spousal support. they settled their divorce on christmas day. what he is paying is more than 132,000 a day. berlusconi does get to keep the couple's estate according to an italian newspaper. neither party is being blamed for the divorce. berlusconi is 76-year-old now, currently we are told he is date ago woman about 50 years his junior. >>> a 20-year-old surfer is recovering from a shark attack. it happened this morning off the coast of australia. he's expected to be okay, but he lost two fingers in the ordeal. winnen witnesses say he used his surfboard to fight off the fish. >> he was swimming arnhem, and he took about three chunks out of him. >> paramedics say quick thinking probably helped save his life. >>> road crews getting ready for a storm tonight. northern virginia bureau reporter david culver joins us from vdot's headquarters in leesburg. >> reporter: officials say their crews will have to prepare for what's going to be a really long night. they've taken a break f
CNBC
Dec 28, 2012 4:00am EST
go back on to a sustainable growth path and -- >> is that with or without berlusconi involved? because end of february are these elections. >> yes. the elections are, of course, more the campaign heading into the elections with all these noises, especially the end ecb noises that we hear from italy. that's going to cause concern that if italy does need help, how likely are they going to be to get it? in the years from 1993 to 2007 italy brought down its debt to gdp ratio to almost 100% and half of that time berlusconi is prime minister. it's not like berlusconi has a record of fiscal spending. >> no. but i guess also the times were different. >> the times were different but the interest rate was slightly higher than it is now. but the primary surplus of the country ran over that period which was an acceptable 3% on average is already right now reached once again. so all the parameters are in the right place and the only thing the next government needs to do is actually nothing. if it does nothing, if it doesn't reverse the reforms -- >> what's interesting is what berlusconi is
CNBC
Dec 10, 2012 9:00am EST
. >> there's one thing for certain, taxes on top earners are going up. >> turmoil in italy. berlusconi throws his hat in the ring. retail sales numbers out of china, hoping the economy is in fact on an upswing. >> apple, enthusiasm. jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the pre-market. we'll start with mcdonald's, posting better than expected november same-store sales, global comps up 2.4. u.s. same-store sales up 2.5, offered by breakfast offerings, including that cheddar/bacon/onion sandwich, as melissa mentioned. jim? people are saying the u.s. maybe is making a turn here. >> i find mcdonald's is levered to new products, levered to menu technology. they do invent things. my hat's off to janet. they had this number last week. reminds people, again, they've been right down, and up. mcdonald's is one of those things where joe asked me from squawk when we were talking, i said, i think this is a for real term. if they continue to innovate. i may this may not be your cup of tea, burger, but innovation s higher. >> they tried to sell it to co
CNBC
Dec 13, 2012 4:00am EST
/berlusconi news, now berlusconi might be indicating willingness to let monti govern. the xetra dax is lower this morning. the ftse 100, too, down about 0.2% respectively. take a look at the bond curve. spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we get the results later today. we are seeing green across the board, so yields dipping before that probably has more to do with the political rhetoric we're seeing especially coming from berlusconi. under 4.6% for the ten-year and on the short and two, a bit of a rally. finally, let's close taking a look at the forex. euro/dollar is weaker. and it's holding just above 1.30. and the dollar/yen, this is the one sixuan mentioned to watch. heading into japanese elections, stocks outperform adding oots .1% to 83.35 this morning. >>> south korea's central bank may be worried about factors in the economy, but the dok says the economy is stronger than it used to
CNBC
Dec 24, 2012 6:00am EST
. love the guys in the control room. >> so here's italy. silvio berlusconi. your intro was about mario monti which is all true. silvio berlusconi, the former prime minister of italy -- >> my favorite. >> thank goodness for silvio berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for him, so that way the left does not control italy. >> he could not get 40%, could he? or could he? >> i don't know if he could get 40%. he thinks he can get more than anybody else. >> really? >> yes. >> now the question is, 40% isn't enough once you're in a parliament, right, because of a parliamentary system and two other parties that used to support him no longer do. it's not clear what they would ultimately do, would they really link to the left? it's hard to say. more than italy, remember, they would never agree with this, but they're far
FOX News
Dec 19, 2012 4:00pm PST
former prime minister silvio berlusconi the gift that keeps on giving is not letting legal troubles interfere with his love life. the now 76-year-old media tycoon says is he engaged to the woman you see here, she is 28. that's about 50 apart. this video would -- this would be silvio berlusconi's third marriage. is he now fighting charges of having sex with an underaged woman known to the world as ruby the heart steeler and using his office to cover it it up. in october, another court convicted him of tax fraud and sentenced him to four years in the clink. but he is appealing that conviction and says he is considering running again for prime minister of italy. the syrian regime can and will deploy chemical weapons on its own people unless other nations step in. that's the word now from a former syrian general who now leads the rebels. plus, investigators say this beauty queen died after a shootout in mexico and they have now linked one gun at the scene to the failed operation fast and furious. plus, the latest winter storm could throw a huge wrench into travel plans across several st
KCSMMHZ
Dec 10, 2012 2:30pm PST
-- reformer's retirement would effectively move italy's next election forward by just a month or two. berlusconi announced he would run again for prime minister. in a newspaper interview, the head of the euro bailout fund said that could mean more financial trouble ahead for italy and for the eurozone. italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next government would remain committed to the next reforms -- italy's's next government would remain committed to the end -- italy's next government would remain committed to the reforms. >> our correspondents and does this report from the frankfurt stock exchange -- our correspondent sent us this report from the frankfurt stock exchange. >> traders have been disappointed. they have to wait another day until they get to know the outcome of the greek program. uncertainty always drags down shares, not only of traders -- i
LINKTV
Dec 22, 2012 2:00pm PST
sacrifices and they have made over the past year in order to come out from the abyss of berlusconi's government. the government should be inspired by very simple rule, who has more has to give more. who has less has to give less. >> pope benedict has made a surprise visit to the jail holding his a former butler for stealing and linking his private documents. it is allowed to return to his family. >> it is the season of good will and the christian world. nowhere -- nowhere more so than the vatican. there is one of the biggest pre digit -- security breaches in living memory. he stole an elite vast numbers of private documents. pope but it made a visit to the jail where he was being held. he gave him a pre-christmas pardon. he was convicted of aggravated that in october and sentenced to 18 months in prison. it was a case that rocked the foundation of the catholic church establishment, revealing greaseless power struggles and making claims of sexual misconduct with high-level corruption. now he is free to spend christmas with to his family. >> this is a gesture toward a person with whom
PBS
Dec 28, 2012 4:00pm PST
government sought to end the financial crisis. former prime minister silvio berlusconi is rounding out his new year with a divorce, pinning his ex-wife almost $4 million per month. he was accused of having relationships with young women. the venezuelan president hugo chavez cents a message of faith to his supporters from his hospital bed. the message said that well- wishers and supporters were helping his recovery following the cancer operation. there is been speculation over whether his health has left him fit to lead the country. >>> a 6-year-old british girl who was abducted by her father and to pakistan three years ago has been reunited with her mother in the u.k. in the past couple of hours she arrived at manchester airport. she was taken from her home in greater manchester on her third birthday, found with the help of the pakistani authorities and is understood to be fit and well. the police officer who met her off the airplane has been talking to the bbc. >> she has been reignited at a hotel near manchester airport with her mother. -- she has been reunited at a hotel near manchester
NBC
Dec 30, 2012 11:00am EST
. silvio berlusconi. convicted of tax fraud and sentenced to four years in prison decides this is the perfect platform to run for prime minister again. chris: that's how he got there in the first place prorblee. that's chutzpah. next category, the hard to -- hardest to figure out, nominees for 2012 mysteries. what president obama was thinking in that first debate and a muge mystery predicting -- and a huge mystery predicting the plot and david petraeus, his mystery and the email she fired off to the woman in florida who is a big friend of all the generals. or is the biggest mystery of the year what made romney think he had it? katty. >> i'm going to go with the first debate. we still don't really know what happened. and nor the people advising him were furious the day after about it. where was he? where was he? >> the man in charge of clandestine operations. he should know the rewards and risks. chris: why did he use that email? >> the c.i.a. director puterring that many sat risk is stunning to me. >> petraeus. the kim kardashian aspect. and nobody knew -- chris: and these people, do
KCSMMHZ
Dec 21, 2012 2:30pm PST
? would berlusconi actually have any chance with voters? >> the extraordinary thing is that despite his being really comprehensively discredited in the eyes of the rest of the world, a lot of italians seem prepared to fall for his charm and his promises, and he is actually on a media blitz at the moment, taking advantage of the fact that there are currently no rules since the campaign has not officially opened, restricting access to the media. so his face and words are absolutely everywhere on the television and radio and in the press, and i think he is able to appeal to italians' baser instincts, the fact that they are suffering under austerity, and that they see him as -- they associate with him a feel good spirit, although he did not actually succeed in delivering on it when he was in government. >> thank you very much for delivering on that. >> onto friday's market action. european shares gave up ground on the final trading day of the week. our correspondents and as the summary from the frankfurt stock exchange. >> hopes fading at the stock market u.s. politicians may reach a de
LINKTV
Dec 28, 2012 7:00pm PST
. just listen, and what it touches. -- and let it touch you. >> silvio berlusconi has agreed to pay $48 millio
MSNBC
Dec 18, 2012 2:00am PST
minister silvia berlusconi told a tv interviewer that he's engaged to be married. that's your morning dish of scrambled politics. >>> now for a look at the weather, we turn to bill karins with the weather channel forecast. good morning. >>> good morning. welcome. >> thank you. >> our new anchor at "first look". >> it's very good to be here. >> richard engel story -- >> i'm so relieved. a friend, a phenomenal person. >> five days, we had no clue. when he comes back and tells the story of what happened -- >> yeah. >> can't miss tv. >> absolutely. >> good morning. we have two storms to talk about as we go throughout the morning. one is the heavy rain heading up through new england. it's rain, not snow, which is rare for this time of year. and we are dealing with a new storm, a major winter storm as it goes through the mountains of the rockies today and through the plains tomorrow. let's start with what's happening in the northeast. that heavy rain has exited the new york city area, starting to exit long island, too. from new york city southward, philly, d.c., a shower today, mainly dry. but 8
Telemundo
Dec 28, 2012 11:00pm PST
busqueda. take vo ---unos 4 millones de dolares al mes es lo que tendr que pagar silvio berlusconi a su ex mujer, vernica lario, segn la setencia de divorcio "no consensual" que se ha hecho pblica este viernes. ---en medio del proceso iniciado en 2009, lario abandon poco despus la mansin de villa belvedere en macherio, cerca de miln. la residencia se convirti en el centro de las fiestas "bunga-bunga" del entonces primer ministro de italia, que ahora enfrenta cargos judiciales por abuso de menores, conocido como "caso ruby". ---lario es madre de tres de los cinco hijos del ex mandatario stop open roll weather open cesar vamos con ariel rodriguez y el pronostico del tiempo, adelante ariel take pkg cu nueva pausa su en noticiero telemundo 48, pero al regresar... take vo el padre de la diva de la banda nos dice porque su familia decidi no enterrar aun a jenni rivera... take sot n maria antonieta mejia y un avance del mensajero pkg hola qu tal los saludo desde la redaccin de el mensajero... primero que nada todo el equipo de el mensajero esperamos que pasen muy feliz fin de aÑo y que e
KCSMMHZ
Dec 28, 2012 2:30pm PST
as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders. >> without this, greece would certainly have gone bankrupt, but it still a long way from clear that the bailout and the reforms they are tied to will get the economy back on the road to recovery. >> meanwhile, the suffering continues for the greek people. the situation is especially dire in rural villages. >> we are on our way to a village on the border with bulgaria. most of the village's 500 inhabitants are muslim -- a minority in the orthodox christian country. the village also claims the dubious distinction of being the poorest village in greece, with an average income of roughly 6000 euros a year. >> everything is being cut. i am getting 50 euros less. my wife is getti
WETA
Dec 28, 2012 6:00pm EST
berlusconi is rounding out his new year with a divorce, pinning his ex-wife almost $4 million per month. he was accused of having relationships with young women. the venezuelan president hugo chavez cents a message of faith to his supporters from his hospital bed. the message said that well- wishers and supporters were helping his recovery following the cancer operation. there is been speculation over whether his health has left him fit to lead the country. >>> a 6-year-old british girl who was abducted by her father and to pakistan three years ago has been reunited with her mother in the u.k. in the past couple of hours she arrived at manchester airport. she was taken from her home in greater manchester on her third birthday, found with the help of the pakistani authorities and is understood to be fit and well. the police officer who met her off the airplane has been talking to the bbc. >> she has been reignited at a hotel near manchester airport with her mother. -- she has been reunited at a hotel near manchester airport with her mother. it is a good news story, and this time of the year
CNBC
Dec 12, 2012 4:00am EST
yields and spreads? that was the big discussion in italy yesterday. berlusconi says spreads, this is really just a scam. monty says we should care about spreads. want to bring in a third opinion. let's talk about bepo grillo, founder of the five-star movement. not a political party but a movement which benefits from voters' disenchantment with mr. berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely detached from the real economy. the spread is mental hallucination created by speculation in the banking sector because half of the italian debt is owned by foreign banks. these banks try to get high rate in order to earn more. so we are a victim of banking speculation, of both foreign and domestic banks. we shall detach from the real economy. we need to stop this vicious cycle of debt that is strangling us. >> reporter: many would argue it's the right time for mario monty to leave the political scene. would you agree? >> translator: he needs to disappear. he was, as the americans s
LINKTV
Dec 23, 2012 4:00pm PST
minister's silvio berlusconi's party withdrew its support. been criticized his pledge -- they criticize his pledge to retract some taxes he had budgeted last year. he returned here to the official prime minister's residence. whether he will be here after the election depends on whether the coalition allows him to finish the job. >> he has the capability to be useful in a second moment when the election maybe can give our result with not a very strong winner, but the necessity of recognition. and he is a man who can be useful to leave the government. > i don't think that monti's manifesto will change anything in the italian state. politics is quite embarrassing. i think his resignation will not bring much here or in europe. >> i heard that even if he distances himself he can contribute to contribute as a real leader to our country, because our country is in are really difficult situation. i hope that he can do something positive. >> campaigning for the elections will start officially. in the end, he may be called again to lead the country out of the economic crisis. al jazeera, rome. >>
CNBC
Dec 24, 2012 9:00am EST
be -- he wants to run the show and, you know what? when you saw berlusconi kind of backed off and actually support him now so it's like they're going to parachute him back in. he won't run and he says i don't have to because he is a life senator whatever that means but italy has its own laws as you know, probably as well as anybody. but he wants -- he'd like to continue to run the show because he feels just like mario draghi that he's been very successful and he can't let go of the reins. now i understand that. but he doesn't want to run. >> he's been very successful and he tells us about that. >> right. >> he had his july 26th surprise between him and mario draghi but in the end as you pointed out off camera he doesn't want to lose. he's not going through the process in a way where he can lose. basically if you appoint me i'll take it. >> right. >> i think president obama or any politician in the u.s. would love to have those terms up. >> right. he wants the terms. no election. i don't want that process. i don't want the feeling of rejection but i'd like to continue in this path.
CNBC
Dec 10, 2012 6:00am EST
before his term ends. the decision comes after the party of sylvia berlusconi withdrew support for monti's government last week. berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted prices and that would help lower the country's debt lead. >>> in asia, stocks touched a 16-month high and closed mostly higher on the session with good gains, as you can see, with the ko
CNBC
Dec 10, 2012 12:00pm EST
that prime minister mario monti will resign early and that silvio berlusconi is considering a comeback. carolyn roth is live in rome with the very latest. what can you tell us? >> well, the perceived political calm that we've seen in italy over the last 13 months, that came to a very abrupt end over the weekend. that's when prime minister mario monti surprisingly resigned, which still hinges on the passage of a budget law before the end of the year. at the same time, very controversial former prime minister silvio berlusconi also said he is run fog are the prime minister post again. so this is got markets extremely wore rid. here's why. because markets are concerned that the new government would be elected on february 24th, that this new government will not be implementing the austerity measures that mr. monti has implemented over the last couple months. but is this concern actually warranted? well, if you speak to a number of analysts, well they'll say, no, because if you look at the opinion polls you'll see that the party which will most likely win, that's the democratic party. and h
CNBC
Dec 11, 2012 12:00pm EST
yesterday? moti leaving early? berlusconi coming back maybe? >> i think the market is overreact ing. at the end of the day it's italian politics and berlusconi we're dealing with. it doesn't surprise me we bounced back to 1.30. it's not a december trade. when we get closer to an election in february we'll start to take a look. it was way too premature to react given all we know about italian politics, scott. >> we're watching the fed i know as you are. how does your trade factor in to the fed meeting if at all? >> look, i don't think the market will get much out of the fed tomorrow than we already know. you know, we're likely going to see operation twist get replaced with longer dated bond buying to the tune of $45 billion. we know that. i think the surprise would come if they set the target at a specific unemployment rate. i think that's premature, scott. it's january, more more likely helping along of that ilk would come out. i don't think the fed does a lot for the dollar. >> you're trading euro yen. >> a good proxy for risk. i like buying it at 107. i'm starting 110.50, stop-los
CNBC
Dec 6, 2012 9:00am EST
possibility the italian government could fall. >> the "b" word, berlusconi, incredible. see you later. if you're just joining us here is what you missed earlier this morning. >> welcome to hour three of "squawk on the street." here is what's happening so far. >> a sound fiscal position is necessary to protect the economy. >> okay. >> if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. >> 370,000, a drop of 25,000, because the 393 originally released last week was upgraded a couple of thousand. >> people are truly perplexed about what the stock is, where it got to, what do you do with it. >> so you can come up with a million reasons. it's manufacturing, well, maybe it is manufacturing, but is there really a demand question about apple's products? [ bell ringing ] >> there is a scenario says and some people believe in it, go over the cliff and if about two, three days we'll have it settled. . look if we knew that was going to happen i'd say go over the cliff. two or three days is not going to do any harm. suppose it's two or thr
CNN
Dec 19, 2012 2:00am PST
up a sting. >> i would say safe to say this goes in the naughty column. >> silvio berlusconi getting hitched. he is engaged to a 28-year-old woman. this is while his sex for hire trial continues in milan. berlusconi is flirting with another run for prime minister. >> that must have been some engagement ring, right? >> that guy, he has -- >> the guy may want to be prime minister, forgetting all of his other problems, europe, the financial sector, terrified of that. >> silvio berlusconi, the gift that keeps on giving. >> john tries to make this very serious. i appreciate you bringing it back to the financial crisis. >> no, no, no. we were focused on something different. >> the sex for hire trial? the proposal during the sex for hire trial? >>> main street might be seeing a run for guns in some places, but wall street, it's the opposite. a look at that, coming up. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easi
CNN
Dec 13, 2012 9:00am PST
again. ben weedman the thought of the return to berlusconi is rattling some folks' nerves. >> reporter: he's back. he says he's run for the premiership for the sixty time in 20 years. a year after he resigned as prime minister he's coming back more emphatically as ever telling an appreciative audience in rome he'll denounce the policies of his successor, mario monti, and his management of the current economic crisis. after decades in italian politics, this 76-year-old businessman appears rested and ready for a fight. tan and fit not and a gray hair on his head. he's not without troubles of his own. he's appeals a kwixz for tax evasion and on trial for allegedly having sex with a minor, a now of age moroccan dancer known as ruby, the heartbreaker. belusconi is in and monti will soon be out. he's step down as soon as parliament passes its 2013 budget. stepping down doesn't mean he's stepping out. many here speculate he's simply preparing to take off his mental and don that of a politician and run himself for the premiership in elections early next year. monti's policies of tax increases
CNBC
Dec 14, 2012 4:00am EST
his political throw, berlusconi and the german chancellor merkel were present. a lot of expressions of support for a monti candidacy here. what does this imply? what are people making of this? >> it's one of these things. in all honesty, we thought that the era of berlusconi had been done and dusted and we had opened a new page. but, okay, sometimes there are some comeback kids and berlusconi could be one of them. he did say that if monti would stand, he would resolve his claim to anything, but he wanted to prevent a shift to the left in italy. that's something angela merkel could support. although she might have to face her own transition to the left as we face elections in september. it's hoped mario monti would stand again and would stay in place because clearly that was the sort of work in progress that worked well. down with the euro and italy has to walk its own way. that is not something that we would like to hear in the eu eurozone or in berlin. >> silvia, thank you so much for your time. >>> now, a weak ahead of the person of the year, the winner, north korean leader kim jo
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